Uzabase, Inc. and PROTO Solution Co., Ltd. establish joint venture company UB Datatech, Inc. for the purpose of acquiring and organizing various forms of business information

September 16, 2021

Uzabase, Inc. (hereafter "Uzabase") and PROTO Solution Co., Ltd. (hereafter "PROTO Solution") announce the establishment of the joint venture company UB Datatech, Inc. for the purpose of acquiring and organizin g various forms of business information. The joint venture will start operations on October 1, 2021.

Background

Under the mission "We guide business people to insights that change the world," the Uzabase Group provid es multiple services including the business intelligence platform SPEEDA and social business media NewsPi cks. In order to meet increasingly diverse and rapidly changing user needs in a timely manner, the Group ne eds to acquire and organize various forms of business information, including those that are difficult to obtai n from other companies.

Uzabase has maintained a positive relationship with PROTO Solution, with which it will establish the new co mpany, since 2012 as an important partner. PROTO Solution's excellence in building business processes ha s been a key factor in the Uzabase Group's operation of its products and services.

The combination of Uzabase's technological strength and PROTO Solution's process-building capability wil

l allow the Group to acquire and organize information that is difficult to obtain from other companies in a ti mely manner, thereby enhancing customer value, including types of data and speed of updates in each prod uct and service.

Overview of the New Company

(1)Company name: UB Datatech, Inc.

(2)Date of establishment: October 1, 2021

(3)Main address: 7-10-14, Ohyama, Ginowan-shi, Okinawa

(4)Representative director: Takayuki Hayashi

(5)Capital: 60 million yen (including capital reserve)

(6)Shareholders: Uzabase, Inc. 66.7%, PROTO Solution 33.3%

(7)Fiscal year-end: December

(8)Business content: Acquisition, organization and creation of business information used in the products an d services of Uzabase Group

Near-termOutlook

The impact of the establishment of the joint venture company on the Uzabase Group's consolidated financi al results of the fiscal year ending December 2021 is negligible. In case a notable impact on financial perfor mance is expected, Uzabase will disclose it once it is confirmed.

Comment from Takayuki Hayashi, Representative Director (Executive officer CTO, Uzabase B2B

SaaS Business)

It is a great pleasure to announce the establishment of UB Datatech, Inc. together with PROTO Solution. W e are looking to combine our technological capabilities with PROTO Solution's high level of execution and c ommitment in order to deliver various types of data more quickly and accurately to the users of the Uzabas e Group.

Comment from Shingo Higano, Board Director (Executive Officer, PROTO Solution Sales Divisio

n)

It is a great honor for us to establish a joint venture company with Uzabase, our long-standing business par tner since 2012. We will maximize each other's strengths to create a leading data generation company that harnesses technology to create user-friendly data.

About Uzabase

Uzabase was established in 2008 under the mission "We guide business people to insights that change the world." By or ganizing global business information through the power of technology and expert insights, Uzabase aspires to increase t he productivity of business people and unleash their creative potential to drive changes in the world. Uzabase operates a total of seven businesses: alongside the business intelligence platform SPEEDA and social business media NewsPicks, its services include the startup data platform INITIAL and B2B customer strategy platform FORCAS.

About PROTO Solution

PROTO Solution's businesses are aimed to solve the decline of the working-age population through data a nd AI. It engages in business development and management support of corporate clients, as well as the oper ation of a MaaS business and development of inhouse SaaS products. Since its establishment in 2007, PRO TO Solution has been cultivating business process-building expertise through media operation (data operati on, web production/operation, system development, call center service), which is combined with a full comm itment to assist and share the passion of its customers.

Representative: Toru Shiraki, Representative Director and President

Address: 7-10-25, Ohyama, Ginowan-shi, Okinawa

Date of establishment: April 3, 2007

Business content: Digital marketing business, IT integration business, user media business, communications support business, human resources support business

Corporate website: https://www.protosolution.co.jp/

Company Overview

Company name: Uzabase, Inc.

Date of establishment: April 1, 2008

Representatives: Yusuke Inagaki, Co-Chief Executive Officer / Taira Sakuma, Co-Chief Executive Officer Stock code:3966 (TSE Mothers)

Address: Level 13, Tri-Seven Roppongi 7-7-7 Roppongi, Minato-ku, Tokyo, 106-0032

Corporate website: https://www.uzabase.com/

Contact

Uzabase, Inc. (PR Department) https://www.uzabase.com/contact/

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Disclaimer

Uzabase Inc. published this content on 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2021 01:01:06 UTC.